What is DA Davidson’s Estimate for AZEK FY2025 Earnings?

The AZEK Company Inc. (NYSE:AZEK) – Analysts at DA Davidson lifted their FY2025 earnings per share estimates for AZEK in a research report issued to clients and investors on Wednesday, November 20th. DA Davidson analyst K. Yinger now forecasts that the company will post earnings of $1.57 per share for the year, up from their prior estimate of $1.35. DA Davidson currently has a “Neutral” rating and a $50.00 target price on the stock. The consensus estimate for AZEK’s current full-year earnings is $1.26 per share.

AZEK has been the topic of several other research reports. Royal Bank of Canada boosted their price target on AZEK from $46.00 to $50.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus reduced their price objective on AZEK from $52.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. JPMorgan Chase & Co. reduced their price objective on AZEK from $52.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 13th. Truist Financial boosted their price objective on AZEK from $52.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, BMO Capital Markets boosted their price objective on AZEK from $49.00 to $51.00 and gave the stock a “market perform” rating in a research note on Wednesday. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.24.

AZEK Price Performance

Shares of AZEK stock opened at $49.66 on Friday. The stock’s fifty day simple moving average is $45.27 and its 200 day simple moving average is $44.27. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.07 and a quick ratio of 2.11. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 47.75, a P/E/G ratio of 1.20 and a beta of 1.88. AZEK has a one year low of $31.16 and a one year high of $50.78.

Institutional Investors Weigh In On AZEK

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC bought a new stake in AZEK in the third quarter valued at about $31,000. Farther Finance Advisors LLC increased its holdings in AZEK by 183.1% in the third quarter. Farther Finance Advisors LLC now owns 753 shares of the company’s stock valued at $35,000 after purchasing an additional 487 shares during the last quarter. Paladin Wealth LLC bought a new stake in AZEK in the third quarter valued at about $39,000. Blue Trust Inc. increased its holdings in AZEK by 106.4% in the third quarter. Blue Trust Inc. now owns 931 shares of the company’s stock valued at $44,000 after purchasing an additional 480 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in AZEK in the third quarter valued at about $59,000. Institutional investors own 97.44% of the company’s stock.

AZEK Company Profile

The AZEK Company Inc engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.